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November 09, 2004

S&P Sets up Hyderabad BPO Unit

Standard & Poor's will relocate its information technology enabled services (ITES) arm to Hyderabad, India.

According to Sify:

This move is a follow-up of the NYSE-listed company's recent acquisition of Capital IQ in September, which has a global support centre in Hyderabad. A team of senior officials from McGraw Hill, Standard &Poor's and Capital IQ visited Hyderabad and met with the State Chief Minister.

They met with the Chief Minister and conveyed plans for Indian operations.

Read more: S&P to set up BPO unit in Hyderabad

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